Investments

An annuity is a contract with an insurance company where you pay a lump sum or a series of payments in exchange for regular payouts during retirement. Source

Other major banks have also begun slashing lending rates in response to the RBI’s easing policy. The shift is expected to encourage more homebuyers, particularly in the affordable housing segment. Source

From June 2025, cardholders will get a 1% surcharge waiver on fuel purchases ranging between ₹500 and ₹5,000. The total fuel surcharge waiver will be capped at ₹3,500 per calendar year. Source

Account holders with balances between ₹5 lakh and ₹50 lakh will now earn 4.75% per annum, down from 5%. Source

On a year-on-year basis, redemptions increased by 4.5% from ₹30,088 crore in March 2024, while inflows rose by 10.82% from ₹22,633 crore in the same period. Source

The latest feature allows users to file taxes directly through Microsoft Teams, and an Azure OpenAI-powered WhatsApp agent supports nine regional languages, helping gig-workers manage their tax refunds. Source

RBI announced the ₹9,600 redemption price for Sovereign Gold Bond (SGB) Series I (2020-21) due on April 28, 2025. Know exit options, process, and key updates. Source

The price of 24 karat gold stands at ₹98,200 for 10 grams, while 22 karat gold is priced at ₹90,010 for 10 grams, according to Goodreturns data. Source

The bond was issued at ₹4,589 per unit on April 28, 2020. The redemption price for premature redemption stands at ₹9,600 per unit. Source

Back then, gold was priced at around ₹26,936 per 10 grams for 24Kt purity. Today, ahead of Akshaya Tritiya 2025, the yellow metal is trading between ₹94,000 and ₹95,000 per 10 grams. Source